Your employees are the key to the productivity and profitability of your business. Retaining quality employees and top talent saves your business money, maintains and even increases your productivity, creates a positive customer experience, and more. To retain more of your employees for longer periods of time, you need to know your ABCs.
Tag: employee benefits
The IRS, Department of Labor and Pension Benefit Guaranty Corporation proposed changes to IRS Form 5500 intended to improve reporting on multiemployer defined benefit pension plan funding. These proposed changes would fundamentally change Form 5500 regulations and be beneficial to all plan sponsors.
Sheri Terens is a director in the assurance services department at Corrigan Krause.
Employee benefits have become increasingly important with the shortage of talent and increased competition for top employees. The addition of benefits increases loyalty, productivity, and attendance among current employees and provides incentives for recruiting. According to a recent survey 79% of employees would rather have new or additional benefits rather than an increase in Read More >>
Employees are the greatest asset that a company can have. Therefore, it’s important to provide valuable benefits that attract and retain talent. Retirement benefits are one of the most important benefits an employer can offer. Where do you start when choosing a retirement solution?
There are many types of benefit plans, including:
- Payroll Deductions IRAs
- Simplified Employee Pensions
- SIMPLE IRA Plans
- Profit Sharing Plans
- 401(k) Plan
- Safe Harbor 401(k) Plans
- Automatic
